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Monday LeaderTip: Capitalism with Care

Profit and beating out the competition have traditionally been the “heart” of capitalism. Over time this kill-or-be-eaten mentality comes at the expense of too many jobs, careers, and even companies, as recent crises have demonstrated. Yet progressive leaders and organizations take a more benevolent approach. They understand the tremendous return on investment in treating employees, customers, and communities in a more careful, kind, and thoughtful way. Practicing capitalism with care means you must see yourself as a steward of something greater than quarterly net profits and rich rewards—that sooner or later your choices affect all of us.

Self-coaching questions

In what ways are my actions in leading my organization creating negative consequences for others, either directly or indirectly?

What strategic changes will align us better to target the intersection of a “greater good” and a positive return on investment?

What can I do in the remainder of 2009 to treat my employees, customers, and community with greater care?

Note: Over 100 of these tips appear in my
new book: Beyond Effective: Practices in Self-aware Leadership. Click
on the image of the book at the top of this blog for more information.

__________

Monday LeaderTips are posted here and emailed every Sunday evening
to leaders and professionals worldwide. For a free anonymous
subscription, send a blank email here. LeaderTips are also carried, from time to time, on Business Week Online.

Comments

Monday LeaderTip: Capitalism with Care

Profit and beating out the competition have traditionally been the “heart” of capitalism. Over time this kill-or-be-eaten mentality comes at the expense of too many jobs, careers, and even companies, as recent crises have demonstrated. Yet progressive leaders and organizations take a more benevolent approach. They understand the tremendous return on investment in treating employees, customers, and communities in a more careful, kind, and thoughtful way. Practicing capitalism with care means you must see yourself as a steward of something greater than quarterly net profits and rich rewards—that sooner or later your choices affect all of us.

Self-coaching questions

In what ways are my actions in leading my organization creating negative consequences for others, either directly or indirectly?

What strategic changes will align us better to target the intersection of a “greater good” and a positive return on investment?

What can I do in the remainder of 2009 to treat my employees, customers, and community with greater care?

Note: Over 100 of these tips appear in my
new book: Beyond Effective: Practices in Self-aware Leadership. Click
on the image of the book at the top of this blog for more information.

__________

Monday LeaderTips are posted here and emailed every Sunday evening
to leaders and professionals worldwide. For a free anonymous
subscription, send a blank email here. LeaderTips are also carried, from time to time, on Business Week Online.